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Walmart eyes online growth with $3bn Jet.com buy
2016-08-09 14:06:43| Daily apparel & textile news and comment - from just-style.com
US retail behemoth Walmart has signed a US$3bn cash deal to acquire e-commerce start-up Jet.com in a move to grow its online business at a faster rate and reach more Millennial customers.
Walmart Buys Jet.com For $3 Billion
2016-08-08 19:05:51| PC Magazine Software Product Guide
Walmart stands to gain "fresh ideas and expertise, as well as an attractive brand with proven appeal."
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Walmart to buy Jet.com for $3.3bn
2016-08-08 16:29:15| BBC News | Business | UK Edition
Walmart announces plans to buy e-commerce site Jet.com for $3.3bn (2.5bn) in a move that could help boost its online retail sales.
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Walmart buys Jet.com for over USD 3 billion
2016-08-08 16:12:00| Telecompaper Headlines
(Telecompaper) Wal-Mart has agreed to buy Jet.com, a newcomer on the US e-commerce market, for USD 3 billion in cash. A portion of the cash payment will be paid over time, as well USD 300 million in Walmart shares. The takeover of Jet is expected to help Walmart improve its online position against the likes of Amazon and with young audiences used to shopping more online. Jet.com's co-founder and CEO Marc Lore previously co-founded and led Quidsi, the parent company of e-commerce sites Diapers.com, Soap.com and Wag.com, which was eventually bought by Amazon.
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Walmart To Acquire Jet
2016-08-08 16:02:00| Happi Breaking News
$3 billion deal for e-commerce player popular with millennials.
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